Single-Sourcing Strategies
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Please help answer the following questions in at least 200 words.
Who would you characterize single-sourcing strategies with? What are some advantages and risks associated with the implementation of these endeavors with respect to Global Logistics, Post- terror attacks on 11 September 2001?
Can you provide some feedback to the above information and any references please?
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Solution Summary
The following posting helps with a problem involving business management. It discusses single sourcing strategies. The explanation is given in 252 words with two references.
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Problem: Who would you characterize single-sourcing strategies with? What are some advantages and risks associated with the implementation of these endeavors with respect to Global Logistics, Post- terror attacks on 11 September 2001?
Solution:
Single sourcing strategies can be characterized as an approach wherein companies rely on a single source for their procurement or sourcing needs in order to reduce costs associated with training, quality variations, ...
Education
- BCom, SGTB Khalsa College, University of Delhi
- MBA, Rochester Institute of Technology
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